German car maker building PH plant
A German company will build a multi-billion-peso motor vehicle parts facility in one of the special economic zones to support the projected rise in automobile production. German-Philippine Chamber of Commerce and Industry business development manager Brenda Baylon did not identify the company, but said the manufacturing facility would employ 2,000 people, once it was fully operational. “I would say this is the first German firm to engage in motor vehicle parts manufacturing.